JPM - JPMorgan shares fell on Tuesday's trades but bounced back at 107.34 and closed at 108.56 still down but reduced its losses to 1.18%
JPM is another oversold bank stock which has starting to show some sign of a potential change of price direction to the upside. Share prices currently have a double bottom price formation and a higher low in its price action. This indicates to me; share prices could make a full turn to the upside if it breaks and holds above 109.80.
JPM shares could head back up to retest 109.80 if it holds above 108.30 support level.
JPM is another oversold bank stock which has starting to show some sign of a potential change of price direction to the upside. Share prices currently have a double bottom price formation and a higher low in its price action. This indicates to me; share prices could make a full turn to the upside if it breaks and holds above 109.80.
JPM shares could head back up to retest 109.80 if it holds above 108.30 support level.
